CBH coolabah metals limited

well it's only my opinion, but looking at the chart, the Sp hung...

  1. 1,258 Posts.
    well it's only my opinion, but looking at the chart, the Sp hung around 10c for so long it was like watching paint dry...I am guessing there will be a lot of traders who got caught and want to offload their positions in order to break even...

    It's going to take a lot of buying to get through that resistance....and what will cause that....an announcement....and the share price is going north on increasing volume with a close near the high...looks good to me but why?

    I have no idea what is going on with CBH....I have lost a bit of money with this stock through a bad entry and I forgot to put a stop order on...stupid.... although making it up now..

    I closed out at 10c but I have been watching closely and looking for the right time to jump back in...

    It would be realy nice to see it rocket ack up again especially for those who those who really have lost a lot of money...

    As always caution required though with tight stops...
 
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